CNOOC Finance (2013) Ltd, founded in 2013 and based in Hong Kong, serves as the financing arm of CNOOC Limited, one of China's largest national oil companies. The company aims to facilitate funding for CNOOC's operations and projects, focusing on raising funds through debt instruments, primarily bonds.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CNOOC 2.88% 2029-09-30 USDCNOOC Finance (2013) Ltd | Hong Kong | 2029-09-30 | 2.875 | 3.89 |
| CNOOC 3.30% 2049-09-30 USDCNOOC Finance (2013) Ltd | Hong Kong | 2049-09-30 | 3.300 | 4.83 |
| CNOOC 4.25% 2043-05-09 USDCNOOC Finance (2013) Ltd | British Virgin Islands | 2043-05-09 | 4.250 | 4.81 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
CNOOC Finance first entered the bond market shortly after its establishment, issuing its debut bond in 2014, which was notably well-received, reflecting strong investor confidence. The company has since issued multiple bonds, with significant issuances aligning with major corporate expansions and acquisitions within the oil and gas sector. Current yields on CNOOC Finance bonds trend competitively compared to industry averages, with recent reports indicating a yield spread that attracts retail investors seeking energy sector exposure. Additionally, the firm's bonds come with features such as callable options, allowing for flexibility in the face of variable market conditions.